Wholesale price data published today were based on a new index and probably exaggerate the easing of price pressures which is coming through. What’s more, the upswing appears to be speeding up. The upshot is that we still expect the Reserve Bank (RBI) to lift policy rates on 16th September.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services